Jim Cramer's Mad Money Lightning Round Picks, 7/30/07

Miriam Metzinger submits: Stocks discussed in the lightning round session of Jim Cramer’s Mad Money TV program, Monday, July 27. Click on a stock ticker for more analysis:

Bullish calls:

Caterpillar (CAT): 'I wish I hadn't talked about it, so I could have bought more... I urge you to buy that. I see an upside surprise.'
Level 3 Communications (LVLT): 'We caught it at $3. It went to $6. It's pulled back. I don't know when the (bandwidth) shortage is going to flash, 'Shortage! Shortage! Shortage!,' but when it does, you can't wait and then buy it! You have to keep it now.'
Allscripts Healthcare Solutions (MDRX): 'Hey, anything that does healthcare cost containment like Medco Health is just fantastic in this market. It's a triple buy!'
Cheesecake Factory (CAKE): ' ... they have to put up more stores. I think it's a decent buy right here. It's come down a lot. Let's pull the trigger on some CAKE... even though the bears would say that no one is ever going to have cheesecake, because they can't afford it anymore...'
Johnson Controls (JCI): ' ... the lead just killed them! I think the lead price is coming down... I think JCI is going back up. I like the stock. This is a classic example of what you should be buying right now...'
Amylin Pharmaceuticals (AMLN): 'I think biotech is precisely right going into the fall. AMLN is good ... new position. I have not liked that stock... '
Amgen (AMGN): 'Amgen is good...'
Ladish (LDSH): 'I think that LDSH is a great buy, but the one thing I'd caution... How many stocks can say this?... 52-week high... but again, jet engines. That's a keeper.'
Woodward Governor (WGOV)
Sun Microsystems (SUNW): 'Unbelievable quarter ... This is a company I have hated for a decade! I got bullish on it about a quarter ago ... Don't run from SUNW. Run to it! Buy, buy, buy!'
Ryerson (RYI)
Reliance Steel (RS): ' ... as good as RYI is, Reliance Steel is even better!'
Google (GOOG): ' GOOG's done going down. The bears are going to be trapped ... I think GOOG's going back to its high ... No one thinks that except for me... Buy, buy, buy!'
Continental Resources (CLR): 'I think you can stick with CLR.'
XTO Energy (XTO): 'I am sticking with, and buying for my charitable trust, XTO Energy, which is now the cheapest oil and gas company in the world!'

Bearish calls:

Whirlpool (WHR): 'That was a bad quarter ... It wasn't saved by Brazil. I've got to give you a don't buy.'

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